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REX-Osprey files for MOVE ETF
Asset manager REX-Osprey is reportedly in pursuit of launching an exchange-traded fund (ETF) centered on the Movement Network’s native token, MOVE. This move was officially disclosed in a filing made on March 10, coinciding with the launch of Movement’s public mainnet beta. This layer-2 (L2) blockchain network, which utilizes the Move programming language, seeks to…
Continue ReadingBig Whales And Sharks Rebuilding Positions, Time to Buy Bitcoin?
Bitcoin’s current turmoil has left it languishing around the $82,000 mark, following a 4% dip in daily trading. As retail investors grapple with anxiety from recent market volatility, significant market players—often referred to as whales and sharks—appear to be strategically maneuvering in ways that could presage notable shifts in the crypto landscape. ### A Market…
Continue ReadingBitcoin nears $78K lows as US stocks dive at the Wall Street open
Bitcoin’s (BTC) recent performance reflects the ongoing turbulence in the cryptocurrency market, marked by a notable dip on March 10 that saw it approach multimonth lows. As U.S. trading sessions commenced, BTC’s value dropped approximately 4%, settling at around $79,170 on Bitstamp. The overall sentiment in the market remained bleak as traditional risk assets, like…
Continue ReadingIs a Resolution on the Horizon?
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to evolve, marked by significant shifts within the regulatory body. Recent changes, including the resignation of Gary Gensler as Chairman, could pave the way for potentially favorable outcomes for Ripple. The SEC, while easing off its aggressive stance against…
Continue ReadingAI Agents Are the Web3 Users We’ve Been Waiting For
Web3 has often been perceived as a technological paradigm designed for human users to reclaim control within their digital interactions. However, an emerging narrative is reshaping this view, portraying Web3 not merely as a decentralized alternative to Web2 but as a sophisticated ecosystem built primarily for machines. The concept of the "Post Web"—coined by Outlier…
Continue ReadingEuropean lawmakers silent on US Bitcoin reserve amid digital euro push
European lawmakers have notably refrained from public commentary regarding the United States’ recent Strategic Bitcoin Reserve initiative, a significant policy that appears to favor early Bitcoin adopters. On March 7, 2023, former President Donald Trump signed an executive order detailing a plan to establish a Bitcoin reserve, which would use cryptocurrency obtained through seizures in…
Continue ReadingAdds 6 More BTC to Its Holdings
El Salvador’s Bitcoin strategy has taken a notable turn as the nation increased its purchases to 6 BTC on March 10, deviating from its regular acquisition of just 1 BTC per day. This latest acquisition occurs in the face of mounting pressure from the International Monetary Fund (IMF), which has been urging the Salvadoran government…
Continue ReadingCointelegraph Bitcoin & Ethereum Blockchain News
What are Coin Mixers and Their Role in High-Profile Hacks? Crypto mixers, also referred to as tumblers, have become a critical aspect of the cryptocurrency landscape, particularly in high-profile hacks. These smart contracts are designed to obscure the source of crypto transactions. Hackers typically send their stolen cryptocurrency to a mixer’s address, where it is…
Continue ReadingBitcoin (BTC) Rebounds From the Crash to $80,000, These Altcoins Plummet by Double Digits (Market Watch)
The cryptocurrency market has witnessed a turbulent 24 hours, marked by significant fluctuations in Bitcoin (BTC) and its altcoin counterparts. Bitcoin briefly dipped to a low of $80,000 before showing signs of recovery, trailed closely by substantial losses among alternative cryptocurrencies. Another Downtrend for BTC Bitcoin’s downward trajectory has been evident over the past several…
Continue ReadingBitcoin Bulls Look to Retreat as Japan Bond Yields Jump to Highs, BTC at $70K in Crosshairs
Japan’s recent spike in 20-year government bond yields, which reached 2.265%—the highest since 2008—has raised concerns in global financial markets, particularly for riskier assets like Bitcoin (BTC). This jump is reflective of increasing inflationary pressures and speculation around potential interest rate hikes by the Bank of Japan (BOJ). Historical trends show that such surges in…
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